deflationary gap

noun

economics a situation in which total spending in an economy is insufficient to buy all the output that can be produced with full employment

Nearby words

  1. deflagrate,
  2. deflagration,
  3. deflate,
  4. deflation,
  5. deflationary,
  6. deflationary spiral,
  7. deflect,
  8. deflected,
  9. deflecting force,
  10. deflection

Collins English Dictionary - Complete & Unabridged 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012